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know, when barack obama first came into office, we gave away a lot of missile defense scheduled to go into europe because we wanted to please the russians. we wanted to hit the reset button and look where that's gotten it. it's gotten us nothing except we've delayed protections for ourselves and our allies. we have to do what's best for our defense and our allies' defense and do what ronald rean said. we should have peace through strength, not peace through weakness. peace through strength. lou: the north koreans have at least two missiles for launch, estimated to be, by all counts, and of course, yu're far better briefed on this than the people but by all accounts a range of at least 00 miles. how concerned are you that they will, indeed, be launched and what should be the u.s. response? >> well, fortunately, we do have some good theater missile defenses in place today, missile destroyers that we already had and we beefed that up. japanese had some with our help and they're deploying that and we have some inter continental ballistic missile interceptors, lou, in both california and a
, secretary of defense hague nel hagel in israel, suggesting a $10 million arms deal. also, something for everyone. hagel said this visit cairo, and riyadh and abu dhabi and united arab emirates with the fighter jets, we do not want to leave anyone out in middle east. >> this reveals about this obama administration is contrary to their public record, this is and hagel makes this argument this is a deterrents arm sales package in his view, against iran this is a concession this obama administration is not going to do anything ni military bircmilitaryabout the iranian nn program. >> santa clause is coming to town but dio john is right, we'e contain it. lou: overtime, secretary of state kery in istanbul, saying all of the entities all 6 nations involved in the talks will funnel their money through one rebel group in syria, right or wrong? >> a bad choice, bad idea to fund the rebel groups. >> there are houses of rebel groups, who are you going to fund, bad idea. lou: john thank you, and kt thank you. >> much more on the boston bombings flew out tonight's broadcast and what what early inv
in the looks completely defensive if you look to the upside or the down side of the s&p. is that the trend of the week for the market's overall to go into the defense of utilities? >> absolutely. some may go way. we are up with the indices' over three and a half months people take off the table and enjoy the money over the summer. you don't want to be out but rotate and me very careful. cheryl: en one heck of a day for these markets and the triple digits swing. also looking at the s&p there are nine stocks falling to a brand new lows and nicole petallides is watching that from the floor of the new york stock exchange. >> we have seen broadbased selling but economically sensitive sectors are doing the work with energy and financial and technology and some names hitting new 52 week lows with peabody energy and report back iran and going into the green with report mack ran. and going down below $400 the lowest levels we have seen since december of 2011 also newmont mining the best of the worst is what you need like health care or consumer staples that have concerns -- been able to hold on. th
an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has final implications to this investigation when you consider taking him alive versus not so that is something they're working on. we got everything in boston where all eyes in washington are right now from governor deval patrick saying there are continuing developments, can't talk about them now but talk about them later
workers. absolutely zero. and defense officials may drop the furloughs entirely. homeland security has not furloughed anyone, and it has not cut overtime. so the exact impact is zero. the "washington post" gives away pinocchio's for lying. tonight we are giving dunce caps away, and we will continue to do this. elected officials to make egregiously silly statements. we think our elected officials should be so honored and noted. so we are going to award this to acquire tonight. and he earned it. i think you would agree. fellow democrat, a year from california, the head of the house democratic caucus today warned that the sequester cuts undermine the ability of our cities to respond to terrorist attacks. listen to this. >> so, when those first responders did such a phenomenal job yesterday in boston, chances are the mayor in boston is now having to figure out how to cover for the extra cost involved in having so many people out there for security and emergency medical assistance responding because they get paid so he is now probably getting money from some other part of his budget, the co
and that is the top five. the number five. oklahoma. the state charges the defense cents a gallon including the $0.18 federal gas tax. number for south carolina. the state gas tax under $0.70 for number three new jersey has some of the highest income tax and property tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon
flow is going into the defensive sector of stocks. while nobody is watching the money is going into the bond market. these are all warning signs saying you know what? maybe we're at temporary top. maybe we need a correction here. david: gene, you see the warning signs. you see the dow pulling back to 14,000, right? >> that is correct. i do think there are signs which the guest already mentioned. there is weakness of oil to be concerned about over the near term. there is correlation with the oil and stock market since the start of this cycle. weakness in oil could portend investors worries that the economies are slowing down not just in china but globally as well. so that will probably put pressure on the market. the other thing too, we're in the earnings season and this might be the quarter that doesn't delight. that is that we do get some dispoints manned -- disappointments and we get stiff reactions to the disappointments. lori: bob, you were cautious yet looking for stocks to show gains for the year. what do you think will get us past these bumps in the road? >> i think the
people respond. >> republicans are looking for a way out of that defense sector. there will be more pressure put on them right now. the people who wanted to wobble anyways, will be wobbling harder. we will not increase spending on anything right now. connell: i know it is tough a couple days after something like this happens and the development that are happening today, but what is your opinion? should we change the focus? >> in some ways it should focus our focus. think about 9/11. we reacted to that with a big massive freak out, for lack of a better word. we are still taking off our shoes at the airports. we thought we needed to do something. let's remember that as we react to boston right now. let's focus on that. we need to realize that facing this horrifying attack, we will not make it better with coming up with security theater to the measures. dagen: it is almost impossible to link spending directly with an event like this. >> of course. dagen: knowing so little as we do right now even about the type of devices that were used in boston. you are hearing references to it, but n
? >> well, in essence we've had this outperformance of the more defensive sectors but it is not so much that they're defensive. we're talking about stable cash flows, stable earnings, stable share prices and higher than average dividend yields. david: let me stop you right there. practically everybody says you want to get into dividend stocks. you're saying don't just look at the dividend. it has to have all the elements, stable cash flow and all the other elements? >> exactly. for example the dividend yields last four weeks have suddenly become attractive in the material sector. that is all the stuff leveraged to china. the share prices are fallen and dividends might be at risk. we're talking about with companies with very stable businesses that do have bond-like characteristics throughout the company. this is largely a function of fed policy. the portfolio balance channel while it hasn't done a heck of a lot for real macroeconomic growth has certainly made the bond market more expensive. david: you talk about bond-like charactertics, the main characteristic of bonds they're stable. th
for the cia as a former deputy assistant secretary of defense. how critical is it that the 90 year-old brother of tamerlan tsarnaev be caught alive? >> well, is important. there is still some months that we don't know about this. is there a firm international connection? with a self radicalized? what motivated them? are there more potential terrorist attacks in the future? other part of the sleeper so? is the picture gets more clear new information makes a blurry, and there is just so much that we need to know. getting a hold of him and the freaking get informational tell us a lot. dagen: of course we mentioned the city has been on virtual lock down the public transition down. all of your major ones. so closed for today. amtrak service was closed down. people told by the governor of the state to stay indoors. boston and the surrounding areas. how critical is that? how critical is it that for these authorities to be a will to do their job? >> well, first of all, is public safety, of course. there are armed law enforcement officers, federal, state, local, out there trying to get this guy. anothe
a sense that it can bbecomes justifying ainiable cor a justifiable defense, in other words, if you are in airline industry, you will take your time to makeour point, if you move fast the chance of you getting a budget hike is less likely. i don't want to be that jaded, i'm just saying it would behoove you to not to look like things are not a problem. >> i think that administration has asked them to make it look as painful as possible. frontline folks i think they will continuto serve the customer, the customer is happy, business is good. they get rewarded. neil: you fly all of the time, are they that happen? >> it depends on airline and products. neil: every agent i bump in to must like cnn . >> i kill them with kindness. neil: you do. >> i have to. neil: all right a certain amount of attitude, and dismissiveness, with this, they might believe that pudding shove down their throat. but, i don't suspect we'll see much improvement. >> i think you are focussing on is airline piece that is piece -- >> that feeds from all of the above, faa and homeland security. tsa . >> think about it t
. >> yeah. >> is apple in defensive mode? are they still in a kind of a offensive mode? >> you're both asking the right questions. i believe they're in offensive mooe. i believe, i am certain that they're going to try to come out with some, something fantastic. i don't know when. i don't know what and i don't know if it will succeed. if it succeeds we'll look back on this to say, oh, they did transition just fine and investors were worried over nothing. if think fail it will be a lot worse than what we're seeing right now. right now we're seeing a pause before that effort. i promise you that effort will be there, because if it isn't, then they aren't apple anymore. melissa: adam shapiro thanks so much. we'll come back to you for more news on apple as it breaks because i know that call is going on right now. when we're not in your ear, that is what you're listening to. meantime despite apple taking more than 0% dive from its all-time high back in september other stocks for the most part are having a great year. some say if apple keeps slipping it could scare retail investors away from s
them. that doesn't mean that national defense is not a good idea. on the other hand for people who think that marijuana is relatively safe. they don't think that the gateway evidence is consistent. that people should be left to do what they want to do so as long as they're not harming others, for them there are lots of good arguments for legalizing even without the 20 billion and that's icing on the cake. >> what tax per ounce of weed sold legally did you put into your equation? >> didn't compute it quite that way, but something like 50 to $100 an ounce and market prices now of marijuana vary a lot, but typically maybe in the 3 to $400 a range and that's a tax rate which is higher than on say, normal goods as part of the sales taxes and not so high as to drive the market underground because of tax evasion. stuart: would you expect the price generally to the public to go down if it were fully legalized all across the country? >> i think it will probably go down some and my estimates assume a fairly substantial reduction. the same time, i think we're very close to a defacto legal mar
, screaming at me, why isn't this guy in jail? look at this way, corzine's defense he put on a trade on italian spanish bonds. we point out that the trade turned out to be very profitable. people got worried about the trade in the market and they pulled out their money from, they pulled out their lines of credit. every brokerage firm needs lines of credit to survive, from mf global. the ensuing madness where mf global, maybe didn't have enough staff on board, caused them, it caused money, customer money to be somehow comingled with the firm money. it is hard to prove, that a, that trade was done with malice. which it wasn't. it turned out to be right ultimately. b, that he really was directing people to misuse customer money. it is, when you break it down, i'm telling you, i'm no fan of jon corzine politically. he is a very nice man personally, this is a hard case to bring. now i'm not saying they are not going to bring it. for all i know they have charges tomorrow. i haven't seen them and i haven't heard of it, but i will tell you he will litigate this back and he could win. this is
for the quarter. sector to sector, defense sectors doing better, utilities, health care, and telecom. back to you. melissa: thanks so much. lori: fbi confirms preliminary tests on a letter sent to president obama tested positive for ricin. rich edson has the latest. rich, when you hear news like this coming after the bombings in boston, you understand why the fear trade is in play here on wall stroat. >> absolutely. in washington, d.c. as well. this is the nation's capitol in a heightened state of sensitivity this after three suspicious packages now all clear from u.s. senate office buildings, a report we had brought you last hour. the u.s. capitol police have taken care of the packages in the senate office building that are now all cleared. the letters, one sent to the president of the united states, the other two a u.s. senator. this from the fbi saying filters in a second government mail screening facility, preliminarily tested positive for ricin this morning and mail from that facility is tested. there's no indication of a connection to the attack in boston. also, u.s. senator carl levin, a d
making movies, producing tv shows or r & d on defense, you know, spending as investment. it's a bunch of nonsense. the government cooks the books and massage the numbers to make them look better than they are. there's a lot more inflation than the government acknowledges and it gets a lot worse as the money printing continues. >> we appreciate it, peter, thank you. >> thanks. stuart: i want to get back to microsoft, up 70 cents the last time i saw it. nicole, have you got a reason for me yet? >> yeah, it's interesting to see a move at microsoft. it's up almost 4%, come on, when do you he see microsoft up 4%. the it's a couple of things, and i know you love it and everything, let's talk about what we're seeing. on street insider.com there are reports that people are reporting -- reports that people are reporting so that shows you it's out and people are talking about it, but no one has solidified this idea, but that a big hedge fund, value capital will shortly disclose a 2 billion dollar sotake in the software giant. and steve ballmer, ceo, a splitup of the company may be discussed so
probably own stock in corporations, as wealthy as you are, that have an interest in the defense industry, and you as a shareholder could get hands on that. >> really, i could? >> not all is classified. certainly, the fact they are doing is not classified. >> isn't that hate speech? >> no, even hate speech is protected. hate speech is protected as long as -- >> it's mayhem that's not protected. >> i could have sworn the anarchist cook book was banned. was that just lore? >> i think it was lore that was banned. the theory of the federal government is that individuals should decide what to read and see and hear and distribute. the government doesn't make those decisions for them. >> hate speech sows violence is outlawed >> right? >> all speech is incompetitive advantage wows when there's speech to rebut it. if there's stuart, let's get him, the mob gets him, i could be funnish -- punished for speech, but they say, what, are you crazy? it's stuart, and mob lays back, my speech is protected. >> i want to recommend your editorial in today's "washington times" about social security being a ponz
're moving them into cash right now. you're looking at a heavier cash position. you're defensive here. why? >> very simple. because valuation is getting stretched. we're traditional investors. as things get more expensive, we tend to sell them. when they get cheaper, we tend to buy them. we're seeing as stocks hit our price targets, in many cases targets that we had two or three years out, they're hitting the price targets now. we don't have something we feel is ready to buy. we have more cash today than we had in the middle, early part of 2008. simply because it's really hard to find compelling, good risk reward scenarios in the market because valuations are beginning to get stretched. dagen: you're looking at the major markets in one way and being cautious with cash. on the other side, you're starting to nibble on the gold and silver, mining stocks. why that particular group? we've seen incredible losses in gold in particular, silver has somewhat been following suit but you're saying go for the miners. why? >> in our particular case we're very old fashioned. when things get hit hard, we
. @ >> at 23 past the hour, i have your fox news minute. defense secretary hagel is assuring israel the obama administration is committed to supporting the jewish state's military superiority in the middle east. hagel met today with israeli president peres as pentagon chief. hagel said it is israel's right to decide for itself whether to strike iran's nuclear facilities. chinese crews rushed food and supplies to rural residents trapped after the earthquake in china. the quake killed at least 188 people and injured more than 11,000. river levels are above flood stage in several midwestern states. heavy rains and recent snow have caused the mississippi river and other rivers to surge in missouri, michigan and four other states. 41 counties are disaster areas from flooding. i'll get you back to cheryl and dennis. cheryl: all right. thank you very much. lines at the airport today just got a little longer as the f.a.a.'s furloughs begin kicking in. washington's reagan national airport has the latest. rich? >> well, here at national we're looking at about 15 minutes to an hour long delays and about
is to stabilize stocks. lot of times we conjure that side of the market. is a more defensive than with you want to call it that. tracy: this is going to continue. your job is going to be tough for a while. >> we opened the volume with volatility. tracy: what is your outlook for the rest of the week? are we going to continue to pour off into nothing more do you think this will turn around? >> there is always hope but we are trading at session lows, the volatility index is creeping up 7% right now, the s&p 500 testing 1540, support is down 1543, the 50 day moving average. is getting ugly. tracy: thank you for taking the time. adam: apple, is this a good time to buy? we will ask an analyst next. tracy: let's look at the winners and losers on the nasdaq but there are some winners. brendel resources holds up, 5.1%. we will be right back. @ tracy: apple trading below $400 for the first time since december of 2011. google reporting after hours what should you be doing now? senior analyst for chelsea advisory group here to tell us, tech stocks up 1%. what is going on? >> slowdown in europe and som
Search Results 0 to 24 of about 25 (some duplicates have been removed)